Surgical Robots Market Report Forecast to 2027

Surgical robots refer to computer-managed machines used to conduct minimally invasive (MI) and laparoscopic surgeries. These robots include a magnifying high-definition 3-D camera equipped at the tip of the robotic arm that offers a precise representation of the body parts. They are similar to the surgeons’ hand movements and can perform complicated procedures using miniaturized surgical instruments that can fit through small openings. The rising prevalence of neurological disorders around the globe is one of the primary factors accelerating the growth of the market. In line with this, the increasing geriatric population, which is more susceptible to medical illnesses, contributes to market growth. Moreover, the extensive usage of these robots for performing surgeries, coupled with the rising preference for MI procedures by both healthcare providers, and patients, significantly boosts the market growth. On the other hand, the huge costs of surgical robots might restrict the surgical robot’s market growth. The Surgical Robots Market is likely to grow at the rate of 17.5% CAGR by 2027.

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Surgical Robots Market based on Product and Service

• Instruments and Accessories

• Robotic Systems

• Services

Surgical Robots Market based on Application

• General Surgery

• Gynecological Surgery

• Urological Surgery

• Neurosurgery

• Orthopedic Surgery

• Other Applications

Surgical Robots Market on the basis of End-User

• Hospitals

• Ambulatory Surgery Centers

Surgical Robots Market on the basis of Geography

• North America

• Europe

• Asia Pacific

• Rest of the World

As per the surgical robots market by product and service, the robotic systems segment has the highest share. The highest share is owing to its increasing demand in hospitals that provides surgical procedures for critical conditions. Also, increasing preference for minimally invasive surgery has fostered the demand for robotic systems. Recently introduced surgical robots enable surgeons to have unprecedented control in minimally invasive surgeries and minimize surgical errors that enhance segment growth.

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